Market Analysis of CRUDE OIL on Wednesday 24 August 2022

2022-08-24 09:53Source:BtcDana

Crude Oil (WTI)‎ (V2)‎ Intraday: the upside prevails.

 

Pivot:

92.15

 

Our preference:

Long positions above 92.15 with targets at 95.30 & 96.60 in extension.

 

Alternative scenario:

Below 92.15 look for further downside with 91.00 & 90.00 as targets.

 

Comment:

The RSI is bullish and calls for further upside.

https://asset.onetrader.online/upload/file/1661270400000/1661306034540.png

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